What is Change security token?

September 06, 2019 08:08

Updated

Change security token is the final solution to make you rightful shareholder of Change. We plan to issue security tokens, which means allocating you the shares of the company, but in a tokenized form. Tokenization enables to retain the flexibility, simplicity and liquidity of cryptocurrencies with the legal certainty of traditional securities.

Due to heavy regulation we have to do this in several steps. At first by providing you the equity-like CNG tokens, structured as a loan contract between you and the SPV. This will give you similar rights and benefits until we can make you legal shareholders. Once we are ready to issue our security token, you can automatically convert CNG to shares represented by security token or choose to receive back your CAG utility token.